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Denton 76210 Oakmont
4009 Altius Lane
$355,000
● House - Off Market

4009 Altius Lane

Denton, TX 76210
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,761 Ft²
$1,803
Est. Monthly
$84
HOA / Fees
5.18%
Cap Rate

About This Property

..WELCOME HOME !  THE ULTIMATE DEFINITION OF HOME SWEET HOME IN ONE OF THE FINEST RETIREMENT AND SENIOR COMMUNITIES IN THE GREENS OF OAKMONT THAT DENTON HAS TO OFFER HAS JUST ARRIVED!! THIS BEAUTIFUL ONE OWNER HOME ADORNED IN THE POPULAR MONROE FLOOR PLAN IS NESTLED ON SPACIOUS CORNER LOT FEATURING 2 BEDROOMS PLUS STUDY. MAGNIFICENT SPACIOUS OPEN LIGHT AND BRIGHT FLOORPLAN WITH RADIANT WOOD FLOORS, COVERED PATIO AND MORE . PLUS HOA MAINTAINS YARD FOR MORE ENJOYMENT OF LOW MAINTENANCE LIVING. PRIDE OF OWNERSHIP GLEAMS AT EVERY TURN AS HOME SHOWS LIKE A MODEL HOME! BE MESMERIZED BY THE CHARM AND DECLARE IT HOME BEFORE ITS GONE! MOVE FAST! WON'T LAST !
Unit Size
1,761 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$199
Property Type
House
Property Taxes
-
HOA Dues
$84
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #20443755)

Price History

Date / Event Date Event Price
Jan 17, 2024 Sold
Premium
Sold
Sep 30, 2023 Listed by BBS Realty $349,900
Listed by BBS Realty

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,582
  • Total Building Area: 2,202
  • Gross Building Area: 2,202
  • Building Area: 1,762
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,762
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENS OF OAKMONT
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: GREENS OF OAKMONT BLK 8 LOT 1

Neighborhood

  • School District Name: Denton Independent School District
  • Census Tract: 021417

Geography

  • Assessors Map Reference: 560-G
  • Parcel: R280052
  • Block: 8
  • Lot: 1
  • Municipality: DENTON
  • Latitude: 33.1484
  • Longitude: -97.0916

    Address

  • Full Address: 4009 Altius Ln
  • Address - House Number: 4009
  • Address - Street Name: Altius
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Denton
  • Carrier Code: R035
  • 4-Digit Zip Code: 0478
  • Zip Code: 76210

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $546,037
  • Tax Rate Code Area: S05

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 358,224
  • High Value: 418,751
  • Low Value: 297,698

    Market Valuation

  • Market Total Value: $363,353
  • Market Land Value: $78,488
  • Market Improvement Value: $284,865

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,978
  • Assessed Land Value: $78,488
  • Assessed Improvements Value: $284,865

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 17, 2024
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5978
  • Previous Sale Recording Date: Sep 11, 2006
  • Previous Sale Contract Date: Aug 30, 2006
  • Previous Sale Amount: $178,100
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Oakmont

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$180

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2741 ft²

Average Home Age

25.6 years

Currently For Sale

20 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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NTREIS

Listed by: BRENT CHOW, BBS Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20443755
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 4009 Altius Lane built and last sold?
The property at 4009 Altius Lane was built in 2005 and last sold on Jan 17, 2024 for $0.
How much is this home worth?
The estimated value of the home located at 4009 Altius Lane is $0.
What are some comparable homes to 4009 Altius Lane?
There are currently no comparable homes to 4009 Altius Lane.
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